• About Us
  • Careers
  • Contact
No Result
View All Result
Tuesday, July 15, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result
Home News

Indonesia Suspends Worldcoin Over Regulatory Breach

5 May 2025
in News, Regulation
Reading Time: 3 mins read
106 7
source: en.tempo.co

source: en.tempo.co

Last updated on May 8th, 2025 at 03:47 pm

Indonesia’s Ministry of Communication and Digital (Komdigi) has temporarily revoked the registration certificate of World Network, formerly known as Worldcoin, along with its WorldID services, following a surge of public complaints over allegedly suspicious activities linked to the platforms.

As part of its precautionary response, Komdigi announced plans to summon PT. Terang Bulan Abadi and PT. Sandina Abadi Nusantara, two local companies, who are tied to World Network and WorldID operations in Indonesia. This move, the ministry stated, aims to “prevent potential risks to the public.” Early findings from the investigation revealed that PT. Terang Bulan Abadi is not officially registered to provide digital services, while Worldcoin was found to be operating under a registration certificate belonging to an unrelated legal entity.

Highlighting the gravity of these violations, Alexander Sabar, Director General of Digital Space Oversight, stated that using another company’s identity and failing to meet registration obligations represents a “serious breach” of digital service regulations. He also urged the public to remain cautious of unauthorized platforms and to report suspicious services via Komdigi’s official complaint channels.

These developments in Indonesia echo earlier concerns raised by Brazilian regulators. Investigations revealed that World Network may have improperly influenced user consent by offering financial incentives in exchange for biometric data. Building on this, Brazil’s data protection authority, the Autoridade Nacional de Proteção de Dados (ANPD), cautioned that compensation in the form of native tokens such as Worldcoin (WLD) could compromise the validity of consent, particularly among vulnerable groups whose monetary rewards may more easily sway.

In response to the suspension, Tools for Humanity (TFH), the developers of Worldcoin, has issued the following statement—

“World has voluntarily paused its proof of human verification services in Indonesia and is seeking clarification on the terms of the relevant licenses and permits. We look forward to continuing the constructive and supportive conversations we’ve had over the past year with the government ministries concerned. If there are any shortcomings or misunderstandings with our permits we will certainly address them. New technologies are often met with skepticism and anxiety before they are adopted by mainstream society and regulatory stakeholders. The mobile phone, the automobile and the computer had hostile receptions when they were first introduced but with time they proved to be beneficial for society. This is why World has been very careful in introducing TFH to Indonesia, engaging in deep and lengthy discussions with the government, making sure that we complied with all existing regulations and even informing the public through press conferences, public events and educational campaigns, before we launched our service. What we do is to use technology to verify individual uniqueness in the AI era where misinformation and disinformation, including identity theft and deep fakes, is rife. We do this without retaining any personal information of individuals and instead put that information exclusively in the hands of the people who should own and control the data – you, the user. This information is not available to World nor its contributors such as Tools for Humanity.”

Meanwhile, Worldcoin is bolstering its Layer 2 blockchain, World Chain, through a new partnership with Oracle provider, RedStone. The integration is set to enhance the network’s data infrastructure, delivering high-quality, cost-effective Oracle services to developers building DeFi applications. Built on Optimism’s OP Stack, World Chain will now benefit from access to more than 1,250 real-time price feeds provided by RedStone, ensuring reliable market data while preserving Ethereum-grade security.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Tags: IndonesiaWorldcoin
Share66Tweet41Share11
Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

Related Posts

source: cryptorank.io
Blockchain

Arcadia Finance Suffers $2.5 Million Exploit on Base Blockchain, Stolen Funds Converted to WETH

15 July 2025
source:  pymnts.com
News

Atlas Launches Stablecoin Banking Accounts Amid Explosive On-Chain Payment Growth

15 July 2025
source:  news.bit2me.com
Crypto

Berachain Proposes Native Yield for BERA in Major Shift Toward Base Token Utility

15 July 2025
source: crypto-economy.com
Business

Bit Digital to Raise $67.3M in Direct Offering to Expand Ethereum Holdings

15 July 2025

Featured Posts

Is Code Law? The Legal and Moral Implications of Smart Contracts

Is Code Law? The Legal and Moral Implications of Smart Contracts

byFaari Labinjo
24 June 2025
0

Multi-Party Computation (MPC) vs. Zero-Knowledge Proofs (ZKPs): Which is the Future of Blockchain Privacy?

Multi-Party Computation (MPC) vs. Zero-Knowledge Proofs (ZKPs): Which is the Future of Blockchain Privacy?

byFaari Labinjo
7 June 2025
0

Address Poisoning Attacks in Crypto: What They Are and How to Stay Safe

Address Poisoning Attacks in Crypto: What They Are and How to Stay Safe

byOlayinka Sodiq
3 June 2025
0

What Is a Bull Trap?

What Is a Bull Trap?

byOlajumoke Oyaleke
3 June 2025
0

Breaking Bitcoin’s 21M Limit: Is It Even Possible?

Breaking Bitcoin’s 21M Limit: Is It Even Possible?

byOlayinka Sodiq
3 June 2025
0

Read More

Chain of Thoughts

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

DAOs and the Coordination of Human Endeavour

DAOs and The Coordination of Human Endeavour

byOlu Omoyele
27 April 2025
0

...

Should DeFi Be Regulated?

Should DeFi Be Regulated?

byOlu Omoyele
27 March 2025
0

...

Markets Update

Stablecoins in 2025: Still Depegging or Finally Stable?

4 hours ago

Your Weekend Crypto Roundup | July 2025 (Week 2)

4 days ago

The Battle for Web3 Infrastructure: Which Platforms are Dominating in Decentralized Storage, Compute, and Identity?

1 week ago

Is Ethereum Losing the Yield Battle?

1 week ago

Dubai Greenlights Region’s First Tokenized Money Market Fund, Pioneering Real-World Asset Digitization

1 week ago

BRICS Digital Currencies & Their Threat to USD-Denominated Stablecoins

1 week ago
Read More

Events

Rare Evo 2025
Rare Evo 2025
6 Aug 25
Las Vegas
CBDC Conference
CBDC Conference
9 Sep 25
Nassau

Spotlight

All about Ethereum
All about Algorand
All about Bitcoin
All about Gora

Press Releases

MultiBank Group Announces 7 Million $MBG Tokens Sold Out in Under One Hour During Initial Pre-Sale

bychainwire
15 July 2025
0

Allnodes Among First to Launch Bare Metal Servers powered by AMD Threadripper 9000 Series

bychainwire
15 July 2025
0

$TAC Token Debuts in TVL as TAC Mainnet Goes Live with Leading DeFi Protocols

bychainwire
15 July 2025
0

HeraldEX Defines the Future with Its One-Stop Crypto Platform for Businesses

bychainwire
14 July 2025
0

BSGM Engages CXG to Acquire FINRA/SEC-Registered Broker-Dealer to Expand Publicly Traded RWA Tokenization Operations

bychainwire
14 July 2025
0

Read More

ADVERTISING

ABOUT

TEAM

CAREERS

CONTACT

TERMS & CONDITIONS

PRIVACY POLICY

© Copyright 2025 DeFi Planet

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.

Add New Playlist

No Result
View All Result
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer

© Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00